Worse, Fleischer’s company is not exactly making money hand over fist, as a Drum correspondent notes. It lost a whopping $11.6 million on sales of $44 million last year. Since 2000, its revenues have fallen by a third (not including inflation) and its cash on hand is down 83 percent.

Mr. Fleischer should spend less time complaining about taxes and more time thinking about how he can correct 10 years of mismanagement.

Indeed. This is not the kind of company that’s going to lead a hiring boom.

Now that’s the WSJ editorial page in action.

If you'd like to get email from CJR writers and editors, add your email address to our newsletter roll and we'll be in touch.

Ryan Chittum is a former Wall Street Journal reporter, and deputy editor of The Audit, CJR's business section. If you see notable business journalism, give him a heads-up at rc2538@columbia.edu. Follow him on Twitter at @ryanchittum.